DeFi TVL Don Reach $270B as Tokenized Stocks and NFT DApps Dey Blow
DeFi TVL hit record $270 billion for July, up 30% month-on-month, as tokenized stock wallets waka from 1.6k reach over 90k, plus market-cap surge of 220%. Meanwhile, NFT DApps trading volume shine with 96% jump to $530 million, and average prices double to $105. Daily active wallets reach 22 million, 3.85 million dey interact with NFT platforms—small pass DeFi. Ethereum-based Blur hold 80% of NFT volume, OpenSea lead with 27,000 traders, and Layer-2 platform Zora gain ground via its ZORA token. Big brands like Nike, Louis Vuitton, Rolex and Coca-Cola China launch NFT pilots. Despite this comeback, 2024 NFT volume and sales still down 19% and 18% year-on-year, H1 2025 sales total $2.82 billion, down 4.6% from H2 2024, and far below 2021 peaks.
Bullish
Record DeFi TVL and surging NFT DApp volume show say demand for DeFi protocols and non-fungible assets dey strong. For short term, this flow of capital and increased trading activity for platforms like Blur and Zora fit make the price of ETH and related tokens go up, strengthen the bullish momentum. For long term, sustained interest for tokenized stocks and big brand NFT projects mean say market adoption dey deepen, fit support continuing uptrend. But NFT volumes still dey below 2021 highs, meaning growth fit slow down as market mature.